College Point Southwest median real estate price is $1,198,011, which is more expensive than 80.6% of the neighborhoods in New York and 93.4% of the neighborhoods in the U.S.
The average rental price in College Point Southwest is currently $3,442, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.1% of the neighborhoods in New York.
College Point Southwest is a densely urban neighborhood (based on population density) located in Queens, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
College Point Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the College Point Southwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Real estate vacancies in College Point Southwest are 3.8%, which is lower than one will find in 74.9% of American neighborhoods. Demand for real estate in College Point Southwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Queens, the College Point Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The College Point Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,870 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the College Point Southwest neighborhood is one of the most walkable neighborhoods in America. College Point Southwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, College Point Southwest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the College Point Southwest neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 61.9% of the real estate here is made up of such dwellings, which is higher than 99.3% of all U.S. neighborhoods.
People
In a nation where 1 out of every 4 children lives in poverty, the College Point Southwest neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The College Point Southwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the College Point Southwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.9% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.8% of all neighborhoods in America.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.0% of the College Point Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.8% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work (10.4% ride the bus) than 95.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Diversity
Did you know that the College Point Southwest neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.6% of this neighborhood's residents have South American ancestry and 8.3% have Dominican ancestry.
College Point Southwest is also pretty special linguistically. Significantly, 24.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the College Point Southwest neighborhood has a greater percentage of residents born in another country (59.5%) than are found in 99.2% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the College Point Southwest neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the College Point Southwest neighborhood, 30.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.8%), and 17.9% in manufacturing and laborer occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the College Point Southwest neighborhood is Spanish, spoken by 37.6% of households. Other important languages spoken here include Chinese, English and Korean.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the College Point Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (37.0%). There are also a number of people of South American ancestry (23.6%), and residents who report Dominican roots (8.3%), and some of the residents are also of Italian ancestry (6.8%), along with some Puerto Rican ancestry residents (5.3%), among others. In addition, 59.5% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in College Point Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (29.3% of working residents), longer and tougher than most commutes in America.
Here most residents (46.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.0%) and 10.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
